Background*

Mr. James M. Singh, also known as Jim, CMA serves as Executive Chairman of CSM Bakery Supplies Ltd. Mr. Singh served as the Chief Financial Officer and Executive Vice President of Finance, Control, Legal, IP, Tax & Global Nestlé Business Services at Nestlé S.A. from 2008 to April 01, 2012 and served as its Member of Executive Board until April 01, 2012. Mr. Singh served as Senior Vice President of Acquisitions & Business Development at Nestlé S.A from 2000 to 2007. He ... served as Chief Financial Officer and Executive Vice President of Nestlé Canada Inc. from 1995 to 2000. He has been an Independent Director at Great-West Lifeco Inc. since August 1, 2012 and RTL Group SA since April 18, 2011. He has been a Corporate Director of The Canada Life Assurance Company since August 1, 2012. He serves as a Director of Canada Life Financial Corporation. He serves as a Director of Nestlé Health Science S.A. He serves as Director of London Life Insurance Company. He serves as a Director of The Great-West Life Assurance Company, Great-West, London Life, CLFC, Canada Life, the RTL Group in Luxembourg and the American Skin Association. He served as a Director of Alcon, Inc. since July 2008. Mr. Singh served as Chairman of the Chief Financial Officers' Task Force of the European Roundtable of Industrialists and a Member of the International Integrated Financial Reporting Standard Committee. Mr. Singh is a Fellow of the Chartered Institute of Management Accountants, United Kingdom. He holds a Bachelor of Social Science from the University of Guyana and Bachelor of Commerce (Hon) and Master of Business Administration from the University of Windsor.

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